News

Mervyns Out of Alameda Towne Centre

Looks like the new and improved Alameda Towne Centre is too good for the likes of Mervyns nowadays. The East Bay Business Times reports that the Hayward-based middlebrow department store chain tried to renegotiate its lease, but couldn't come to an agreement and will close on July 31. No word on what gummed up the deal, but a quick look at the new tenants (Bed Bath and Beyond, Borders Books, a new Safeway "lifestyle store") suggests that Mervyns was just a hair shy of the more upscale feel the Centre is aiming for.